Aviva Equity Release Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Aviva Equity Release’s changes. Notwithstanding that using this technology is not a prerequisite for Aviva Equity Release , demonstrating you can remain up to date with Aviva Equity Release’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Aviva Equity Release

Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Aviva Equity Release are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time:

A Timeline of Policy Changes


Since 2008, Aviva Equity Release has made 134 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 20.4 days. In total, 25% of the sections of P2 of the UK Finance Lenders’ Handbook for Aviva Equity Release have been changed since 15/12/2008.

To find out more about lender panel compliance,

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FAQs for the Aviva Equity Release Conveyancing Panel from members of the public

My financial adviser has informed me that I have to pay Aviva Equity Release fees if I use my own solicitor. How efficient are the Aviva Equity Release conveyancing panel solicitors? I dont care which law firm I use provided that they are good and reasonably priced. Would you recommend a specific law firm on the Aviva Equity Release panel?
Aviva Equity Release’s conveyancing panel is pretty large so your best bet is just to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Aviva Equity Release will allow to act for them.
My wife and I intend to remortgage our maisonette with Aviva Equity Release. We have a son 18 who lives with us. The solicitor on the Aviva Equity Release conveyancing panel has asked us to disclose any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have two questions (1) Is this document specific to the Aviva Equity Release conveyancing panel as he did not need to sign this form when we purchased 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Aviva Equity Release .This is solely used to protect the Aviva Equity Release if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Aviva Equity Release had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

How do I search for a local solicitor on the Aviva Equity Release conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Aviva Equity Release solicitor panel.
I am purchasing a terraced house and getting a mortgage with Aviva Equity Release. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Aviva Equity Release conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Aviva Equity Release conveyancing panel in your location.
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aviva Equity Release be concerned
Given that your lender is Aviva Equity Release your lawyer must to check the Aviva Equity Release conveyancing instructions contained in the Part of CML Handbook for Aviva Equity Release . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Aviva Equity Release where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
I am due to exchange contracts on my house. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Aviva Equity Release are being a right pain. The solicitor who is on the Aviva Equity Release conveyancing panel is saying indemnity insurance will be fine but Aviva Equity Release are requiring a building regulation certificate. Why do Aviva Equity Release have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Aviva Equity Release have referred the matter to their valuer. The reason why Aviva Equity Release may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
I was told two weeks ago that my mortgage has been agreed to by Aviva Equity Release. Is it usual for Aviva Equity Release to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Aviva Equity Release to deal with your lawyers application to be on the Aviva Equity Release conveyancing panel. There's no guarantee that your solicitors will be accepted.